World total liquids supply production (Fig 1) remains on a peak plateau since 2006 and is forecast to fall off this peak plateau in 2009. As long as demand continues increasing then prices will also continue increasing. I'd like to focus on this first point and see if anyone can come ...

I briefly referred to our lack of numeracy as a species, and I would like to look at one aspect of this in greater detail: our inability to understand and internalize the effects of compound growth. This incapacity has played a large role in our willingness to ignore the effects of ou...

In the context of oil production, decline rate refers to the fall in annual production that invariably takes place owing to pressure depletion of the reservoir, the production of oil and the ingress of water or gas into the formerly oil bearing strata. Companies are continually battli...

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A few days ago, Energy Bulletin reported that CNBC hosts 'Deep Oil vs. Peak Oil' debate . This turned out to be brief dialogue between Matt Simmons and Craig R. Smith, author of Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil . This book promotes the theory of ab...

one of the true arguments is that the cost of supporting solar PV has become larger than expected and faster than expected. Just 5 years ago, a number of countries had tariffs in the 500-600 EUR/MWh range, and regulators were surprised by the volumes that managed to be installed - and...

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The Oil Drum (TOD) was an internet energy phenomenon that ran for over eight years from April 2005 to September 2013. The site was founded by Prof. Goose (also known as Professor Kyle Saunders of Colorado State University) and Heading Out (also known as Professor Dave Summers formerly...

as long as new technologies are deployed within a mental paradigm that does not recognize the limits of the planet, we will simply destroy the planet faster. The words" the limits of the planet" are rhetorical. Some planetary resources are very limited. Some planetary resources can cr...

Because of the current cooler weather in parts of the country, gas prices for September are down to $3.35/kcf . This was one of two contributing factors to the problems that the domestic industry is undergoing, both foreseen by Art Berman , an accurate, albeit in some quarters very un...